Silver Price/Rate Today in Jharkhand
Jharkhand comprises of over 40% of mineral reserve of the country and hence, is considered the mineral reserve of India. The state has several silver mines and is preferred by most people in Jharkhand.
From medical and industrial sectors to commercial purposes, silver has a wide usage in various sectors and is also one of the most preferred investment options. Whether you opt to buy physical silver in the form of jewelry or want to invest in silver, it is important to keep track of the silver price. Read on to know more about silver rates in Jharkhand and other details about this metal.
07 Sep 2025
Today's Silver Rate in Jharkhand
₹ 2▲
Silver Rate in Jharkhand (Today & Yesterday)
| Gram | Today | Yesterday | Price Change |
| 1 gram | ₹ 138 | ₹ 136 | ₹ 2▲ |
| 1 kg | ₹ 1,38,000 | ₹ 1,36,000 | ₹ 2,000▲ |
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Silver Rate in Top Cities
Silver Rate in Jharkhand for Last 10 days
| Date | Price |
| 06 Sep 2025 | ₹ 138 |
| 05 Sep 2025 | ₹ 136 |
| 04 Sep 2025 | ₹ 137(0) |
| 03 Sep 2025 | ₹ 137(0) |
| 02 Sep 2025 | ₹ 137 |
| 01 Sep 2025 | ₹ 136 |
| 31 Aug 2025 | ₹ 134(0) |
| 30 Aug 2025 | ₹ 134 |
| 29 Aug 2025 | ₹ 131 |
| 28 Aug 2025 | ₹ 130(0) |
Silver Rate Weekly Comparison
*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
Silver Rate in the Most Popular Indian Cities
Silver Rate in Jharkhand
India has over 500 tonnes and 23,000 crore worth market for silver. Silver is considered a safe haven of investment during any banking crisis, overall financial instability and currency devaluations.
It is important to note that many customers invest in silver rate to protect their purchasing power during high inflation.
Silver is held in high regard in Jharkhand. There are various jewellery stores across Jharkhand which offer a wide range of jewellery designs.
Silver bars and coins of different denominations (50g and 100g) besides silver artefacts and gift articles are also bought. Silver articles are utilized for ritualistic purposes as well.
Silver as an investment
Silver is viewed as a valuable asset courtesy its intrinsic value. Silver is considered a safe haven in terms of investment during any type of financial instability and currency devaluations.
According to experts, many consumers invest in silver so they can protect their purchasing power during periods of high inflation.
Physical silver - Silver is bought in the form of coins, bars and intricate jewellery in Jharkhand. Different types of gift articles and silver artefacts are also bought by customers in Jharkhand in addition to silverware.
Silver contracts - Customers trade in silver futures on NCDEX and MCX. Silver Mini (SILVERM) and SILVER 1000 are traded in units of 5 kg on MCX. However, silver Micro (SILVERMIC) is traded in 1 kg units. On NCDEX, SILVERHEDG is traded in 30 kg units.
What are the Factors that Influences Silver Price in Jharkhand?
The following are the factors that influences silver price in Jharkhand:
Industrial demand - Silver is used in various sectors such as electric gadgets, medical, nuclear reactors, and several others. The increasing demand of silver in the industrial sectors impacts the silver rates, thereby resulting in a hike in the price of white metal.
Investment demand - Silver is considered as an effective investment option that hedges against inflation. Due to its affordability over gold, silver is a preferred investment option among most people.
Import duty - Jharkhand has several silver mines, yet the total contribution does not meet the overall demand of silver among the citizens of the country. Hence, silver is imported which incurs import duty that is levied on the price of silver, thereby influencing the over silver rate in the country.
What are the Points to Consider Before Purchasing Silver in Jharkhand?
The following are the points that are considered before purchasing silver in Jharkhand:
Silver rate - Silver rates fluctuate often on a daily basis; hence, it is important to check the price of silver before buying.
Making cost - Most jewelers charge making cost over the price of silver, which is around 10% of the weight of the silver item. Look for a jeweler who offers a making cost that is much affordable.
Weight of the silver item - Before buying any silver product, make sure to check the weight of the silver item. In case any stone studded with the silver jewelry, exclude the weight of the stone. The price of silver is determined over the net weight of the silver.
Buy-back policy - Most jewelers offer buy-back terms to their customers that enable the buyers to sell their silver items to the same jeweler and earn a guaranteed return as per the current silver rate.
Source of purchase - Make sure to opt for trusted and reputed source for purchasing silver to ensure that the silver purchased is authentic.
Purpose of buying silver- Considering the purpose of buying silver is also one of the significant points to consider before making a purchase. The purpose of silver purchase helps people decide which is the best form of silver to invest in.
Authentication marks - To authenticate the purity of silver, the customer must also verify the necessary marking in silver before purchasing the silver item.
What are the Authentication Markings to Look for While buying Silver?
The following are the authentication markings to look before purchasing silver:
Marking year
Purity Grade Indicator
Bureau of Indian Standard (BIS) mark
Identification symbol of manufacturer
Assay Centre’s identification mark
Where to Purchase Silver in Jharkhand?
The following are the sources in Jharkhand where people can purchase silver:
Certified jeweler
Bank
Private dealer
Authorised seller
Certified seller on the e-commerce platform
Read More on Silver
Facts About Silver
- About Silver Mining
- Amazing Facts About Silver
- Global Demand and Silver Rates in India
- How to Find Certified/Authentic Silver
- Need for Silver as an Industrial Commodity
- Silver - Poor Man's Silver
- What Will Happen To Silver Prices in Five Years?
- Lustre Regained by Silver Miners, Good Time to Invest in Silver?
FAQs on Silver Rate in Jharkhand
- What are the factors that determine the price of silver?
The price of silver is dependent on a number of factors such as the demand and supply of the precious metal, rates of interest, international political conditions, condition of the stock markets, government policies, and so on.
- Will the silver price keep changing in Jharkhand?
Yes, the silver price in Jharkhand will keep changing. The silver prices change on the basis of the fluctuations in the market, government tariffs and duties, etc.
- What is the minimum amount of silver that I can purchase on MCX?
The minimum amount of silver that you can purchase on MCX is 100 grams.
- What are the options through which I can invest in Silver?
You can invest in silver through Silver ETFs of the US Market, by purchasing silver jewellery, silver coins, antiques, through Silver Futures Trading, and so on.
- What are the various forms of silver that can be purchased?
People in Jharkhand can purchase silver in the form of jewelry, silver coin, bars, bullions, and household items.
- What is the purest form of silver available in the market?
The purest form of silver available in the market is the 999 silver which is 99.9% pure.
- What are the various sizes of silver coins that are available in the market?
Silver coins are available in the size of one gram, 2 grams, 5 grams, 10 grams, 15 grams, 25 grams, 40 grams, 50 grams, 100 grams, 200 grams, 500 grams and 1000 grams or one kilogram. Silver coins can be purchased from the bank or certified jewelers.
- Is silver price the same all over the country?
No, silver prices vary across India. The import duty and local taxes are levied on the silver rate that differs from one state to another, thereby resulting in the variation in silver prices across the country.
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